Ted Baker

2024 - 3 - 19

Ted Baker Fashion Chain in Peril: Calling in Administrators

ted baker administration Administrators - Authentic Brands Group - Fashion Industry - Jobs at Risk - Ted Baker - UK Fashion - ted baker administration

Breaking news: Ted Baker faces administration, putting hundreds of jobs at risk. Find out what led to this decision!

Ted Baker, the renowned fashion chain, is on the brink of collapse as it prepares to appoint administrators. The parent company, Authentic Brands Group, expressed that the damage caused during a recent tie-up was insurmountable. With the filing of a notice to appoint administrators in the UK business, hundreds of jobs hang in the balance. This move comes following the abandonment of a licensing partnership, further complicating Ted Baker's financial woes.

The industry has witnessed a wave of high-profile collapses recently, with Ted Baker joining the list of fashion giants facing dire circumstances. The decision to call in administrators underscores the challenges many brands are encountering in the current economic climate. As Authentic Brands Group takes steps to navigate this precarious situation, the fate of Ted Baker's Europe retail and online arm remains uncertain.

Notably, the iconic British brand Ted Baker, known for its celebrity following including stars like Holly, is confronting a critical juncture in its storied history. The move by No Ordinary Designer Label, a subsidiary of Authentic Brands Group, to initiate the administration process signals a pivotal moment for the company. This development serves as a stark reminder of the volatility in the fashion industry, where even established names like Ted Baker are not immune to financial troubles.

In a surprising turn of events, Ted Baker's journey highlights the challenges that longstanding fashion brands are facing in the ever-evolving market. As the brand navigates the complexities of administration, the impact on its loyal workforce and dedicated customers remains a pressing concern. The unfolding saga of Ted Baker serves as a cautionary tale for the fashion world, emphasizing the importance of adaptability and resilience in turbulent times.

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Image courtesy of "BBC News"

Ted Baker fashion chain set to appoint administrators (BBC News)

Authentic Brands Group, which has owned Ted Baker since 2022, said that "damage done" during a tie-up with another firm was "too much to overcome". Ted ...

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Image courtesy of "Retail Gazette"

BREAKING: Ted Baker calls in administrators - Retail Gazette (Retail Gazette)

Ted Baker's owner has filed a notice to appoint administrators to its UK business, putting hundreds of jobs at risk at the fashion chain.

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Image courtesy of "Sky News"

Hundreds of jobs at risk as Ted Baker calls in administrators (Sky News)

The fashion retailer has filed a notice of intention to appoint administrators weeks after a licensing partnership was abandoned, Sky News understands.

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Image courtesy of "Drapers"

Ted Baker to appoint administrators (Drapers)

No Ordinary Designer Label (NODL), which is owned by Authentic Brands Group and trades under the Ted Baker brand, has filed a notice of intention to appoint ...

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Image courtesy of "Evening Standard"

Ted Baker calls in administrators in latest UK fashion collapse (Evening Standard)

A number of big names in fashion such as Matches and Farfetch have collapsed in recent months, while brands like Superdry have faced major difficulties.

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Image courtesy of "Echo"

Ted Baker calls in administrators with hundreds of jobs at risk (Echo)

"An appointment of an administrator (a licensed insolvency practitioner) will be made by directors, a creditor or the court to fulfil the administration process ...

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Image courtesy of "The Guardian"

Nearly 1000 jobs at risk as Ted Baker prepares to appoint ... (The Guardian)

Authentic Brands announces move for brand's Europe retail and online arm after 'damage done' during tie-up with Dutch company.

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Image courtesy of "Financial Times"

Ted Baker preparing to appoint administrators (Financial Times)

UK fashion brand on the brink of collapse, threatening hundreds of jobs.

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Image courtesy of "The Bolton News"

Ted Baker calls in administrators with hundreds of jobs at risk (The Bolton News)

This may be to rescue a viable business that is insolvent due to cashflow problems. "An appointment of an administrator (a licensed insolvency practitioner) ...

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Image courtesy of "Yahoo Finance UK"

Ted Baker calls in administrators in latest UK fashion collapse (Yahoo Finance UK)

Parent company Authentic Brands Group, which bought Ted Baker 18 months ago, said the business ended up with “a significant level of arrears”. “Despite our ...

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Image courtesy of "Independent.ie"

Ted Baker: Hundreds of jobs at risk in UK and Ireland as clothing ... (Independent.ie)

Hundreds of jobs could be at risk as the owner of Ted Baker filed a motion to appoint administrators to the ailing high street retailer.

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Image courtesy of "HeraldScotland"

Fashion chain Ted Baker set to fall into administration (HeraldScotland)

Authentic Brands Group (ABG), which bought Ted Baker in 2022, has filed a notice of intent to appoint joint administrators. The move comes amid claims from the ...

Iconic British brand Ted Baker beloved by celebrities from Holly ... (Daily Mail)

The firm No Ordinary Designer Label, which is owned by the Authentic Brands Group (ABG) and trades as Ted Baker filed a notice of intention to appoint ...

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Image courtesy of "The Business of Fashion"

UK's Ted Baker Plans to Call in Administrators, Owner ABG Says (The Business of Fashion)

The news comes six weeks after No Ordinary Designer Label, which trades under Ted Baker's brand, terminated its partnership with Dutch firm AARC on Jan. 29.

Close to 1000 jobs at risk as Ted Baker set to call in administrators (Morningstar)

(Alliance News) - Hundreds of jobs could be at risk as the company behind Ted Baker filed a motion to appoint administrators to the ailing high street ...

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Image courtesy of "Reuters"

UK's Ted Baker plans to call in administrators, owner ABG says (Reuters)

British fashion retailer Ted Baker plans to appoint administrators, a spokesperson for owner Authentic Brands Group (ABG) confirmed on Tuesday, ...

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Image courtesy of "Insider Media"

Administrators set to be appointed to Ted Baker (Insider Media)

The independent director of No Ordinary Designer Label, the holding company which owns and operates Ted Baker's retail stores and ecommerce platform in the UK ...

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Image courtesy of "The Drum"

How a marketing overhaul could have saved Ted Baker (The Drum)

When Authentic Brands Group bought the fashion brand in 2022, we asked industry analysts how they would tackle reversing its fortunes.

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Image courtesy of "www.personneltoday.com"

Fashion retailer Ted Baker to enter administration (www.personneltoday.com)

Ted Baker is set to go into administration, putting hundreds of jobs at risk of redundancy. No job losses have been announced yet.

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Image courtesy of "The Independent"

Close to 1000 jobs at risk as Ted Baker set to call in administrators (The Independent)

Ted Baker's owner Authentic Brands Group said that the business had built up 'a significant level of arrears'.

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Image courtesy of "Big Issue"

Iconic fashion brand Ted Baker collapses with hundreds of jobs at ... (Big Issue)

British fashion brand Ted Baker has called in administrators for its UK business, putting nearly 1000 jobs at risk.

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